OMV Global

OMV Group Report January–June and Q2 2023

including condensed consolidated interim financial statements as of June 30, 2023

Key Performance Indicators


  • Clean CCS Operating Result lessened to EUR 1,179 mn due to a lower contribution from all business segments
  • Clean CCS net income attributable to stockholders of the parent decreased to EUR 472 mn; clean CCS Earnings Per Share were EUR 1.44
  • Cash flow from operating activities excluding net working capital effects declined to EUR –375 mn, mainly due to a less favorable market environment and significant tax payments
  • Organic free cash flow totaled EUR –595 mn
  • Clean CCS ROACE stood at 15%
  • Total Recordable Injury Rate (TRIR) was 1.33

Chemicals & Materials

  • Polyethylene indicator margin Europe declined to EUR 320/t, polypropylene indicator margin Europe decreased to EUR 372/t
  • Polyolefin sales volumes decreased to 1.36 mn t

Fuels & Feedstock

  • OMV refining indicator margin Europe decreased to USD 7.6/bbl
  • Fuels and other sales volumes Europe were higher at 4.02 mn t


  • Production rose by 8 kboe/d to 353 kboe/d 
  • Production cost increased by 20% to USD 9.9/boe

Key events

 1 Figures reflect the Q2/23 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.